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MONSOON IMPACT ON RURAL LENDING
No huge budget: Actor Madhavan salutes Tamil Nadu IAS officer for turning 1200 abandoned borewells into rainwater harvesting units; water level rises to 5 to 10 feetAn IAS officer repurposed over 1,200 abandoned borewells into rainwater harvesting units that have earned praise from Dhurandhar 2 actor R ...
Monsoon revival boosts summer crop planting in IndiaA revival in monsoon rains has accelerated the sowing of key summer crops across India, helping farmers recover from an early-season slowdo...
Brands see strong consumer appetite this festive season despite war-led woesIndian consumers show resilient demand for aspirational and premium goods this festive season. Inflation and supply disruptions have not si...
Budget has buffers to tackle global risks, no need to revisit govt's budget estimates yet, says SitharamanUnion Finance Minister Nirmala Sitharaman stated no need to revise Budget estimates. Adequate fiscal buffers exist to manage global uncerta...
Costs and provisions down, IDFC Bank will continue to bolster earnings: V Vaidyanathan, MD & CEOOur credit cost was 2.13% of loans including the microfinance portfolio, against a guidance of 2.10%. This year, encouraged by seeing our c...
Severe Rainfall Alert: IMD warns of heavy to extremely heavy rain across multiple states including Gujarat, Rajasthan, and MaharashtraIndia faces intense monsoon activity with severe rainfall alerts issued by the IMD. A low-pressure system over the Bay of Bengal strengthen...
AI-led underwriting is the missing link in India’s MSME credit storyIndia’s MSME credit gap sits at Rs 25-30 lakh crore. Of the 87 million registered MSMEs, only 36 million have ever taken a formal loan.
For investors who understand that it may get worse before it gets better: 5 large-caps with upside potential of up to 31%The noise levels are currently high in the markets. And, at this point of time, it seems there is literally nothing positive about them. Fr...
Beyond roti, kapda, makaan: Inside India's new consumption storyIndian consumers now prioritize experiences and lifestyle choices over basic needs. Average monthly spending has increased across both rura...
Purple Finance to acquire Saksham Gram Credit for rural expansionPurple Finance plans to acquire Saksham Gram Credit for rural market expansion. The company also secured equity funding of Rs 108 crore for...
Tractor sales growth in FY27 to slow on weak monsoon fears: ReportTractor industry volume growth is expected to moderate to one to four percent this fiscal year. This moderation follows a significant 23.5%...
Cause for concern? HDFC Bank is lagging ICICI Bank where it matters as investors count Rs 5 lakh crore lossHDFC Bank's stock has declined significantly this year, losing considerable investor value. Analysts note a widening operating gap between ...
A yo-yo monsoon is threatening India's crops and the power gridIndia's monsoon rainfall is becoming more erratic due to El Niño and global warming, with the shift threatening agricultural output and str...
Trade, NBFC credit to remain fastest-growing lending segments: ReportTrade and NBFC credit are expected to remain among the fastest-growing segments of India's banking system, supported by rising formalisatio...
Govt explores linking land records with ULI for faster farm creditThe Department of Land Resources is exploring digital land record integration with ULI. This initiative aims to provide faster and secure i...
El Nino emerges as key risk to FMCG demand, weak monsoon could weigh on rural consumptionIndia's FMCG sector faces headwinds as El Nino threatens a weaker monsoon. A deficient monsoon could hurt agricultural output and weaken ru...
S&P flags risks to Indian microfinance lenders' $35 billion bookIndia's $35 billion microfinance sector faces fresh risks as weak monsoon forecasts and persistent inflation threaten rural incomes, increa...